Energy

WALL STREET FIRM’S WEB SITE CALLS BLACKOUTS A TACTIC TO RAISE RATES

January 25, 2001  ·  Consumer Watchdog

<h3>INTERNET COMMENTARY SAYS THREAT OF 'THE UNTHINKABLE' WILL GET POLITICIANS TO ACT -- THE SAME COMPANY IS PROVIDING ADVISORS TO HELP HERTZBERG CRAFT SOLUTIONS</h3><p class="source">Los Angeles Times</p> <p>The same Wall Street firm that is advising Assembly Speaker Bob Hertzberg on solutions to the energy crisis stated on its Web site that the blackouts plaguing California are a tactic "likely intended to soften up the Legislature and the voters.</p>

Energy-starved California crafts relief plan

January 25, 2001  ·  Harvey Rosenfield

<p class="source">The Associated Press</p> <p>Lawmakers are considering a plan under which California would issue bonds to cover the multibillion-dollar debts of its two biggest electric utilities and make customers pay the money back over a decade.</p>

NOW, CONSERVATION’S NAME OF POWER GAME

January 23, 2001  ·  Consumer Watchdog

<p class="source">The Daily News of Los Angeles</p> <p>As California officials struggle to find a solution to the crippling power crisis, criticism has increasingly focused on tepid efforts to push conservation measures - the only short-term way to deal with energy shortages.</p>

Legislature, Davis Take Emergency Measures

January 23, 2001  ·  Consumer Watchdog

<p class="source">THE ELECTRICITY DAILY</p> <p>After several days of deafening silence, California Gov. Gray Davis last week declared a state of emergency to allow California to buy electricity to pump into the under-supplied grid.</p>

Summer looms as big worry

January 22, 2001  ·  Consumer Watchdog

<p class="source">THE PRESS-ENTERPRISE (RIVERSIDE, CA.)</p> <p>Rolling blackouts across Northern California last week brought home the importance of the state's troubled power supply. But people who know the energy business know the real crunch could be six months away.</p>

Legislators considering taking over some plants, power lines

January 22, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Weekend negotiations among lawmakers resulted in plans ranging from having the state acquire the transmission systems of the state's two largest utilities to making the state the owner of their dams and hydroelectric plants.</p>

ALASKA’S SENATOR FRANK MURKOWSKI AND CONSUMER ADVOCATE HARVEY ROSENFIELD DISCUSS THE ENERGY CRISIS IN CALIFORNIA

January 22, 2001  ·  Harvey Rosenfield

<p class="source">CNBC - HARDBALL WITH CHRIS MATTHEWS</p> <p>Rolling power blackouts and the threat of more to come are making this a nightmare winter for California, and it's a nightmare that could come to you.</p>

State faces credit alert over rescue plan

January 20, 2001  ·  Consumer Watchdog

<h3>S&P move signals investors in state bonds to be cautious</h3><p class="source">Sacramento Bee</p>

STATE POWER WOES GROW

January 20, 2001  ·  Consumer Watchdog

<h3>BUSINESSES LOSE $ 1.7 BILLION DUE TO WEEK'S BLACKOUTS</h3><p class="source">The Daily News of Los Angeles</p> <p>California's energy crisis deepened Friday, costing millions in lost wages, lost production and lost confidence in the state's sterling credit.</p>

Rolling Blackouts: Day 2

January 19, 2001  ·  Consumer Watchdog

<h3>Legislature OKs crisis power bill</h3><p class="source">Sacramento Bee</p> <p>Rolling blackouts swept through Northern and Central California for a second straight day Thursday, as the state Legislature approved an emergency spending bill aimed at keeping the lights on</p>

LAWMAKERS VOTE TO USE RESERVE FUND AS BUSH REJECTS POWER PRICE CAPS

January 19, 2001  ·  Consumer Watchdog

<h3>OFFICIALS ACKNOWLEDGE THE $400 MILLION MIGHT NEVER BE RECOVERED. LIGHTS GO OUT AGAIN IN SOME AREAS, BUT REGULATORS EXPECT TO KEEP THEM ON FOR THE NEXT FEW DAYS.</h3><p class="source">Los Angeles Times</p> <p>The state Legislature on Thursday approved spending hundreds of millions of dollars of taxpayers' money to keep power flowing in California, eating into the state's multibillion-dollar surplus</p>

Calif. still wrestles with power plight

January 19, 2001  ·  Consumer Watchdog

<h3>Specific solutions for state's woes also seem to be in short supply</h3><p class="source">USA TODAY</p> <p>Californians struggled through a second day of rolling blackouts Thursday as lawmakers and regulators sought to bring short-term stability to a chaotic energy picture.</p>